Same is happening in TN, but for home buyers. If you’re a first time buyer looking in the < 300K range, forget it. You’ll get outbid 50K over asking with a cash

Same is happening in TN, but for home buyers. If you’re a first time buyer looking in the < 300K range, forget it. You’ll get outbid 50K over asking with a cash offer. Resign yourself to renting if you can even find something. I have no idea what my kids are gonna do. They will never be able to afford a decent house at the current rate of growth.